NEWS | 28/05/2020
According to the European Elite 2020 report, produced by consultancy firm KPMG, Real Madrid are the most valuable football club in Europe for a second successive year. Our club is valued at €3.478 billion, which sees us come in ahead of Manchester United (€3.342 billion) and Barcelona (€3.193 billion) in the ranking. Real Madrid's annual enterprise value has increased by 8%.
The report notes that Real Madrid's position at the summit owes to the high revenues figures recorded throughout the five years that the study relates to (2016-2020), after having lifted the Champions League three times during this period, as well as the club's improved profitability and a 41% aggregate growth in commercial revenue.
The report notes that Real Madrid's position at the summit owes to the high revenues figures recorded throughout the five years that the study relates to (2016-2020), after having lifted the Champions League three times during this period, as well as the club's improved profitability and a 41% aggregate growth in commercial revenue.
| RANKING | CLUB | Value (billions of euros) |
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| 1 | Real Madrid | 3.478 |
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| 2 | Manchester United | 3.342 |
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| 3 | FC Barcelona | 3.193 |
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| 4 | Bayern Munich | 2.878 |
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| 5 | Liverpool | 2.658 |
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| 6 | Manchester City | 2.606 |
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| 7 | Chelsea | 2.218 |
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| 8 | Tottenham | 2.067 |
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| 9 | Paris Saint-Germain | 1.911 |
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| 10 | Arsenal | 1.852 |
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| 11 | Juventus | 1.735 |
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| 12 | Borussia Dortmund | 1.281 |
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| 13 | Atlético Madrid | 1.197 |
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| 14 | Inter Milan | 983 |
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| 15 | Schalke 04 | 814 |
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